Finance News Network

News by Melissa Darmawan

Melissa Darmawan

Tech snaps 4-day winning streak, Iron ore miners rebound: ASX closes 0.8% higher

07 Jul 2022 - Despite the materials sector leading the gains, the sector offset losses in industrials, information technology, property, and communication services, the main coal m…

Radiopharm Theranostics (ASX:RAD) to start prostate cancer trial

07 Jul 2022 - Radiopharm Theranostics Limited (ASX:RAD) CEO and Managing Director Riccardo Canevari provides an update on the company's portfolio of therapies.

Kingston Resources (ASX:KSN) ready to fast-track growth of Mineral Hill

07 Jul 2022 - Kingston Resources (ASX:KSN) has inked a $10m debt facility deal with PURE Asset Management to fuel the company’s growth initiatives at Mineral Hill, a New South Wale…

Australia trade surplus hits record high, Chalice Mining soars on discovery: ASX up 0.2% at noon

07 Jul 2022 - Australian stocks have rebounded, lifted by the material sector. Gains in consumer staples and discretionary stocks have offset losses in information technology, whil…

Stocks of the Hour: Elsight, Kazia Therapeutics, Chalice Mining

07 Jul 2022 - A snapshot of the stocks on the move, featuring Elsight (ASX:ELS), Kazia Therapeutics (ASX:KZA), and Chalice Mining (ASX:CHN).

Bendigo Bank (ASX:BEN) inks deal to buy ANZ margin lending book

07 Jul 2022 - Bendigo and Adelaide Bank (ASX:BEN) is on track to grow its margin lending book after inking a deal with ANZ investment lending portfolio to buy Leveraged Equities.

North Stawell Minerals (ASX:NSM) continues to deliver gold mineralisation hits

06 Jul 2022 - Victorian gold explorer North Stawell Minerals (ASX:NSM) has provided an update on its exploration programs. The aircore rig has continued the regional first pass dri…

Resources stocks weigh, BNPL stocks catch a bid on tech surge: ASX down 0.2% at noon

06 Jul 2022 - The Australian sharemarket has been choppy this morning in a zig-zag fashion. Information technology shares are leading the gains while resources stocks are lagging, …

Energy stocks slump on recession fears, Libya protest spreads, Norway strike ends

06 Jul 2022 - Oil fell $8.93 or 8.2% to US$99.50 a barrel to the lowest since mid-May. Investors are expecting that a recession would lead to a slowdown in global demand over the p…

RBA hikes cash rate by 50bp, Energy and tech gains: ASX closes 0.3% higher

05 Jul 2022 - Australian shares held on to their gains after the Reserve Bank of Australia reaffirmed its pledge to keep tightening monetary policy, joining other global central ba…

RBA lifts cash rate to 1.35%, ASX is up 0.6% led by energy stocks

05 Jul 2022 - The Reserve Bank of Australia has raised the official cash rate by 0.5% which was expected at its July meeting to 1.35%. This is the third meeting in a row where a ra…

Stocks of the Hour: Altech Chemicals, Invictus Energy, Regis Resources, Atomos

05 Jul 2022 - A snapshot of the stocks on the move featuring, Altech Chemicals (ASX:ATC), Invictus Energy (ASX:IVZ), Regis Resources (ASX:RRL), and Atomos (ASX:AMS).

Uranium enrichment set to accelerate with Silex Systems (ASX:SLX)

04 Jul 2022 - Uranium laser tech company Silex Systems (ASX:SLX) has inked a non-binding letter of intent with one of the largest energy companies in the US to develop areas of mut…

Stocks of the Hour: icetana, NRW Holdings, Bowen Coking Coal

04 July 2022 - A snapshot of the ASX 200's performance, the best and worst performers, including stocks on the move, featuring icetana (ASX:ICE), NRW Holdings (ASX:NWH) and Bowen C…

Simon Wandke joins the board of Magnetite Mines (ASX:MGT)

04 Jul 2022 - Magnetite Mines Limited (ASX:MGT) new board member Simon Wandke discusses his background, what he will bring to the company and the company's outlook.

GenesisCare extends deal with Radiopharm (ASX:RAD) for prostate cancer trial in AUS

01 Jul 2022 - Global oncology provider GenesisCare has extended its agreement with biotech company Radiopharm Theranostics (ASX:RAD) to support a second clinical trial in Australia…

Mild gains as ASX starts new financial year, up 0.5% at noon

01 Jul 2022 - The Australian sharemarket has started the new financial year with a positive start after closing off its worst month since March 2020.

OPEC+ sticks to August output, weighs on energy stocks

01 Jul 2022 - The group OPEC+ has stuck to their plan of a 648,000 barrels per day increase in August and held back from any talks from September, mounting concerns on a tight oil …

Worst day in 2-weeks on the ASX, falls 2%, down 10% for the FY22

30 Jun 2022 - The Australian sharemarket closed at session lows and had its worst day in two weeks in a broad-based rout.

What does the rebound in China's PMI mean for iron ore?

30 Jun 2022 - China’s manufacturing purchasing managers’ index rebounded in June, indicating expansion for the first time since February as major cities gradually reopen from the C…

Energy stocks retreat as ASX falls for 2nd day, down 0.8% at noon

30 Jun 2022 - The ASX 200 has fallen for a 2nd day and is on track to have its worst month since March 2020.

Stocks of the Hour: Paradigm Biopharmaceuticals, Estrella Resources, Race Oncology

30 Jun 2022 - A snapshot of the stocks on the move featuring, Paradigm Biopharmaceuticals (ASX:PAR), Estrella Resources (ASX:ESR), and Race Oncology (ASX:RAC).

Brookfield buys into AGL Energy (ASX:AGL)

30 Jun 2022 - AGL (ASX:AGL) has announced a company which appears from ASIC searches to be a subsidiary of Brookfield Asset Management has bought 17.2m shares or 2.56% of the regis…

Ardent Leisure (ASX:ALG) to pay shareholders after Main Event sale

30 Jun 2022 - Ardent Leisure Group (ASX:ALG) is set to return $455.7 million to shareholders after completing the sale of its Main Event cinema business in the US.

Bed Bath and Beyond, Nike, Target, what risks do they all have in common?

30 Jun 2022 - Profit updates from retailers casted a shadow over investors on Wall St as they grapple with concerns around the Fed’s path to rising interest rates to combat soaring…

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